Browsing: market competition

H&M plans to shut down its Edinburgh call center by year-end, impacting 150 workers.The closure is driven by market competition, evolving customer behaviors, and operational expenses.Affected…

River Island, a prominent fashion retailer, has reported significant financial losses, attributed to several market and operational challenges faced in 2023.The company experienced a pre-tax loss…

Elliott Hill returns to Nike, taking over as CEO from John Donahoe.John Donahoe retires, will remain an advisor until January 2025.Hill rejoins Nike, continuing a journey…

Boohoo’s recent strategic maneuvers highlight turbulence within the company, affecting operations and leadership.Boohoo is closing a major U.S. distribution center, speculated to cost at least £34…